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Property profile & analytics
OFF-MARKET
Investment properties
2009 Artesia Blvd Redondo Beach, CA 90278-3074
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6987957
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1945
Construction
WOOD
Total area
2,290 SF
Lot
0.15 ac (6,497 SF)
Zoning code
RBMU-1
APN
4155-030-017
UPID
US09-6987957
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Aiko Gifts (Bike/Boat/Book/etc) Store
-
Radiant Strength Gym & Fitness Center
-
Liesel Orend DC LAC Alternative Medicine Practice
-
Jan Sultan, Rolfing, Manual Therapeutics Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
David C Merino · 6 yrs held
David C Merino
since 2019
7 recorded transactions
Zoning & alternative use
RBMU-1 · Redondo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redondo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redondo Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,159
Tax year 2024
Assessed value
$459,911
Assessed 2024
Previous assessed
$459,911
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$423,138
Assessed improvement
$36,773
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
2,290 SF
Lot
0.15 ac (6,497 SF)
Zoning code
RBMU-1
APN
4155-030-017
UPID
US09-6987957
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
RBMU-1 · Redondo Beach, CA
Zoning RBMU-1 · permitted uses
RBMU-1 · Redondo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redondo Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
David C Merino
Individual
Mailing address
2011 ARTESIA BLVD, REDONDO BEACH, CA 90278-3011
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2019
—
David C Merino
Merino 2000 Family Trust
Quit Claim Deed
related
—
Oct 13, 2000
—
Merino,john & Laura Trustees
Merino,j & L
Quit Claim Deed
related
—
Mar 7, 1989
$200,000
Merino John&laur
Baker,linda P
Trustees Deed
—
—
—
John Merino
—
Deed Of Trust
related
$145,000 · Edmund Smarden #60783962
—
—
John Merino
—
Deed Of Trust
related
$190,000 · Baker Linda P
—
—
Merino Family 2000 Trust
—
Deed Of Trust
related
$120,000 · Julian S Ertz
—
—
John Merino
—
Deed Of Trust
related
$80,000 · Rayor Financial Services
—
—
Merino Family 2000 Trust
—
Deed Of Trust
related
$300,000 · Martin H L & J M Fam Trust
—
—
Merino Family 2000 Trust
—
Deed Of Trust
related
$149,000 · S Good Defined Benefit Plan
—
—
Merino Family 2000 Trust
—
Deed Of Trust
related
$150,000 · S Good Defined Benefit Plan
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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